USA Launching Pad 🚀 reposted this
The HLTH conference in Las Vegas was focused on Healthcare innovation, including women's and reproductive health, artificial intelligence, and partnerships Several challenges for MedTech and digital health companies were discussed, many of which align with the struggles that we see our early-stage companies face when entering the U.S. market. Addressing these challenges often requires a mix of strategic partnerships, a well-defined regulatory and reimbursement plan, and sufficient capital reserves to navigate the complexities of the market. Market Entry Strategy ranked number 3 behind Regulatory and Funding as the area that causes the most issues for companies. One item that proves itself time and time again in our program at USLP is that preparing a regional expansion plan and executing on it is 4X more effective in terms of pipeline development and sales execution, than hiring in region and attempting to execute on your existing home market strategy ***Due your due diligence, Understand the dynamics of the market and Test with your actual ICP, not just experts and consultants. #HLTH. #MedTech, #DigitalHealth, #MarketEntryStrategy Last week at HTLH in Las Vegas with Bari Kowal: a panelist, speaker and close friend of decades 😊 (https://lnkd.in/grUbbpec)